The opening of PARKROYAL Serviced Suites Jakarta in early January 2024 marks the PPHG’s first foray into the city. PARKROYAL Serviced Suites Jakarta is well-positioned within levels 73 to 82 of Luminary Tower at the Thamrin Nine development and dominates the central district skyline at an impressive height of 304 meters across 95 levels. The PARKROYAL brand is synonymous with the celebration of local culture and serves as a gateway to vibrant destinations and culturally rich precincts.
Consist of 180 sleek and modern Studios, One and Two-bedroom suites complete with in-room amenities, separate living areas, and bedrooms with stunning panoramic views of the city. PARKROYAL Serviced Suites Jakarta also offers an array of social lifestyle facilities, including a Residents Lounge, a 24/7 fully equipped gym, and a swimming pool.
“Serviced apartments in Jakarta demonstrated consistent growth in average occupancy rates during Q3 2023 and increments in average rates are expected with new inventory in the city. Globally, Pan Pacific and PARKROYAL Serviced Suites achieved average occupancies of 75% in 2023, attributed to a substantial corporate clientele, and this asset class is on a growth trajectory. Jakarta’s gradual rebound in business travel, particularly in industries such as oil and gas, minerals, and finance, is expected to further propel the robust demand for serviced apartments.” said Mr. Choe Peng Sum, Chief Executive Officer, Pan Pacific Hotels Group.
In addition to the opening of PARKROYAL Serviced Suites Jakarta, the PPHG will continue to accelerate its growth in the heart of Jakarta’s CBD, with several other openings in the pipeline throughout 2024.
For more information and details, please visit panpacific.com.
